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New Market

New Market

Located in Frederick County

$619,698 Average Value
$216 Average Price per Sq Ft
16 Homes For Sale

The "Antique Capital of Maryland" has changed with the times

Once an antiquing destination, New Market is now a lively small town with a mix of small businesses in its historic district and new developments on the outskirts. Locals strolling along Main Street find historic Colonial buildings, longtime business owners, and popular new restaurants such as Vintage Restaurant and Prospect Pantry, and New Market's outer areas have large swaths of undeveloped land and newer subdivisions. Though New Market is not the mecca for antique shoppers it once was, "there are beautiful houses, nice people, and just a small community," says Bob Esterly, owner of Robert Esterly Antiques, who started working in New Market in 1971.

Antique shops and local restaurants

New Market once had over 30 antique shops, about four of which remain today. "Back in the heyday, you had to elbow your way through the crowd on the sidewalks on a typical weekend," Esterly says. Numbers dwindled as store owners aged out, passed away and weathered the 2008 recession. However, the town has since made efforts to revitalize and diversify the businesses on Main Street – alongside the remaining antique shops. Locals stop for a coffee at 5 West Cafe on their way to work and catch up with friends over an acai bowl or panini at Prospect Pantry. For date night, Vintage Restaurant serves dishes like chargrilled salmon and short rib pot roast with its signature cocktails. Antique shops like RP Brady Antiques, Robert Esterly Antiques and Fleshman's Antiques are primarily open by appointment only. For groceries, Hawkins Produce off Old National Pike has local fruits and vegetables, and Food Lion is just down the street.

Historic Colonials and contemporary homes on the outskirts

Homes in New Market's historic district include preserved Colonials valued between $500,000 and $800,000, though they rarely come up for sale. Due to Main Street's historic designation, "you need a permit to do just about anything, painting, a new roof," says Esterly, who lives in a late-1700s-era brick Colonial in the downtown area. His home, like some of the others in the area, has additions added in the early 1800s and original fireplaces. Outside of New Market's historic area, ranches and split levels built between the 1960s and 1980s and subdivisions with contemporary homes and townhouses built between the 1990s and 2000s dominate the landscape. Older homes sit on spacious lots with mature trees and go for between $475,000 and $575,000, while newer homes in subdivisions sit closer together and go for between $600,000 and $800,000.

Christmas in New Market and other events

Christmas in New Market is one of the town's most popular annual events. Crowds line the street for parades featuring local businesses on homemade floats, high school choirs singing carols, firetrucks and more community members getting in the holiday spirit. Another popular event is the South Alley Block Party at the beginning of Summer. This street fair has vendors and artisans, a petting zoo, food trucks, games and more. For the last several years in October, New Market has also hosted its 5K Fighter Run, a race and fundraiser for the Hurwitz Breast Cancer Fund.

Students attend Frederick County Schools

Students usually attend New Market Elementary School and New Market Middle School of Main Street. Both schools earned B-plus grades from Niche. "Schools around here are Blue Ribbon, meaning they're some of the best in the county," Esterly says. "New Market schools are especially great." Older students attend A-minus-rated Linganore High School. The Linganore High School building, which was finished in 2010, has updated features such as labs fitted for different subjects, skylights, recycled building materials and interactive whiteboards.

Sugar Loaf Mountain and New Market Community Park

Locals can climb Sugar Loaf Mountain, about 15 miles south, for panoramic views of the surrounding area, including the Potomac River. Gambrill State Park is also about 15 miles from New Market. Climbs through the High Knob area of the park offer views of rich, green forest for miles in the summer and vibrant oranges and yellows in the fall. For recreational facilities, New Market Community Park on East Main Street has tennis and basketball courts, picnic pavilions and a playground, and Old National Pike District Park nearby has baseball and soccer fields and volleyball courts.

Lack of a bypass can slow down commuting

New Market is about 45 miles northwest of Washington, D.C. and 40 miles west of Baltimore. Currently, commuters must drive through the downtown area on Old National Pike to access major cities, which can cause traffic. "They don't have a bypass, which hurts a lot. The only way in and out of the outskirts is right through New Market," Esterly says. Drivers commute east-west on Route 70 and north-south on 270, though traffic can be heavy. "They call 270 'The Big Ugly,'" Esterly says. "You can also commute to the back way to D.C. on Route 355, but there's a lot of stop lights." New Market has a CAP Index Score of 1, indicating a very low crime risk in the area.

Interested in learning more about homes in this area? Reach out to Bob Swarm, an experienced agent in this area.

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

New Market Housing Trends

Housing Trends

Median List Price
$720,000
Median Sale Price
$665,000
Median Single Family Sale Price
$806,000
Median Townhouse Sale Price
$549,900
Median 2 Bedroom Sale Price
$370,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
118
Median Home Sale Price YoY Change
0%
Average Price Per Sq Ft
$216

Neighborhood Facts

Number of Homes in Neighborhood
5,103
Number of Homes for Sale
16
Median Year Built
1997
Months of Supply
1.60
Average Single Family Home Size Sq Ft
3,185
Significantly above the national average
1,924
Average Townhouse Size Sq Ft
2,300
Average 2 Bedroom Size Sq Ft
1,528
Median Lot Size Sq Ft
9,147

Open Houses

  • 7025 Country Club Terrace, New Market, MD 21774

    $565,000

    • 4 Beds
    • 3.5 Baths
    • 2,740 Sq Ft
    • 7025 Country Club Terrace

    Welcome home to 7025 Country Club Terrace! This wonderful 3-level townhome in the highly desirable Westwinds neighborhood of Lake Linganore is ready for you to make it your very own! Stepping into the main level of your home you'll find your formal living room and dining room, spacious kitchen with expansive center island featuring gas cooking, which then opens to your family room with cozy gas

    Agent Photo
    Jim Bass
    Real Estate Teams, LLC
    (240) 866-3485
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  • Sunday, Aug 3
    Open Sun 2PM - 4PM

    5487 Ross Ct, New Market, MD 21774

    $495,000

    • 4 Beds
    • 2.5 Baths
    • 1,808 Sq Ft
    • 5487 Ross Ct
    • New 14 hours ago

    Welcome to 5487 Ross Court a beautifully maintained brick-front colonial tucked away on a quiet cul-de-sac in the heart of New Market, Maryland. Built in 1990and set on a generous 7,129 sq ft lot, this home offers timeless charm, space, and versatility in the highly desirable Linganore school district. Inside, you'll find 4 spacious bedrooms and 2.5 baths thoughtfully arranged across

    Agent Photo
    Josephine Cicolini
    Berkshire Hathaway HomeServices PenFed Realty
    (240) 512-8982
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  • 10718 Lamoka Ln, New Market, MD 21774

    $439,000

    • 3 Beds
    • 2.5 Baths
    • 1,680 Sq Ft
    • 10718 Lamoka Ln
    • New 23 days ago

    Welcome home to 10718 Lamoka Lane! This wonderful 3 bedroom 2 1/2 bathroom townhome, in the highly desirable Hamptons neighborhood of Lake Linganore, is just what you've been searching for! Stepping into the main level of your home you'll find a spacious open layout featuring your living room, kitchen with large center island, dining area, guest half bath, and patio door for the option of a

    Agent Photo
    Jim Bass
    Real Estate Teams, LLC
    (240) 341-8916
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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Weather

Annual Precipitation
44''
Average Winter Low Temperature
27°F
Average Summer High Temperature
88°F
Annual Snowfall
12''

Area Factors

Somewhat Bikeable

Bike Score®®

26 / 100

Car-Dependent

Walk Score®®

34 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
New Market